On July 21, the market price of electrolytic cobalt slumped Yuan 12,000/tonne to Yuan 337,409-341,182/tonne. In addition, the market prices of cobalt sulfate and cobalt chloride remained stable at Yuan 85,000/t-86,000/t and 100,000-102,000/t respectively.Yesterday, the cobalt market continued its weak and volatile pattern, with prices edging down slightly. Trading sentiment remained cautious, and overall transaction activity was insufficient.Yesterday, the cobalt salt market continued its previous weakness. Cobalt chloride prices stabilized after a slight decline, while cobalt sulfate prices remained under sustained pressure. Overall market sentiment was dominated by a wait-and-see approach, with downstream buyers showing little willingness to procure. The overall cobalt market remained in a weak and volatile pattern, as downstream demand stayed sluggish and industry competition intensified.